Were you locked in for my latest breakout idea?

StockWireNews

Monday's Breakout Watch: (NBY) Increases International Presence In 2023 (Low Float Explosive Potential)

September 10th

Greetings Readers,

Were you locked in for my latest breakout idea?

Alerted for September 7th's opening bell, that Nasdaq profile caught fire early.

Running from an open of $.535 to a high of $.6512, my latest champ surged approximately 21% intraday.

But let's focus on Monday's opening bell. I've got a doozy of an alert to bring your way.

A previous two time champ with 2 strong double-digit short term moves under its belt, including an approximate 94% surge over a few day span right around the new year, this NYSE American profile could turn attention-grabber early this week.

One key reason to watch this profile closely is due to its low float status.

With fewer than 4Mn shares in its float according to Yahoo Finance, this breakout idea could become a volatile situation if another potential catalyst comes along.

Factor in an analyst target suggesting over 1,400% potential upside from Friday's close and a company increasing its international presence in 2023 by tapping into a Chinese market expected to reach $100Bn next year, and you can see why this profile needs immediate attention.

Drop everything right now and pull up NYSE American breakout idea:

*NovaBay Pharmaceuticals, Inc. (NBY)*

NovaBay Pharmaceuticals, Inc. develops and sells scientifically created and clinically proven eyecare, skincare and wound care products.

And based on multiple potential catalysts, NBY requires top spot on your watch-list now. Check them out:

No. 1 - Explosive Volatility Potential From Tiny Float

No. 2 - Analyst Targets Could Suggest As Much As 1,400% Potential Upside

No. 3 - A Massive Prime Day For Avenova-branded Products Breaks Unit Sales And Revenue Daily Records

No. 4 - Company's Products Appear On Flagship Shopping Channel "QVC"

No. 5 - Chinese Order Demonstrates Growing Presence In International Markets

But more on those in a second...

Corporate Overview - The Inner-Workings Of NBY

Established Brands in Three Verticals

  • Avenova - #1 doctor-recommended antimicrobial lid & lash spray in the U.S. dry eye market
  • DERMAdoctor - more than 30 highly effective, problem-solving dermatological products
  • PhaseOne and NeutroPhase cutting-edge wound care technology

Complementary Product Lines

  • Innovative, proprietary OTC products address underserved customer needs
  • Similar customer demographic across all brands
  • Scientifically developed and clinically proven – not cosmetic

Cohesive Mission

  • Sales & marketing DTC expertise to create a strong, fast-growing company
  • Expanding distribution and international reach
  • Creating science-based, problem-solving, accessible solutions for improved well-being

Avenova - Science for sore eyes.

  • No. 1 Doctor-Recommended Antimicrobial Lid & Lash Spray
  • Kills a broad spectrum of bacteria and helps relieve chronic eye conditions like dry eye, blepharitis, styes, contact lens discomfort and inflammation
  • 510(k) FDA-cleared formulation is the only known stable, truly pure HOCI commercial solution
  • Manufactured and lab tested in the U.S. and clinically proven to be the most effective lid & lash solution available without a prescription
  • 80-100 times more potent than Clorox bleach yet completely nontoxic
image

Avenova Opp's for Growth

image

DERMAdoctor: Established Brand in Growing Skincare Market

Established Brand

  • Founded in 1998 by Drs. Audrey and Jeff Kunin
  • Over 30 high-quality skincare products

Scientifically Formulated Proprietary Products

  • Created by board-certified dermatologist
  • Focus on alleviating and healing common skin conditions: dry skin, blemishes, keratosis pilaris and aging
  • Effective, hypoallergenic, and problem-solving

Significant Global Growth Opp.

  • Cosmetic skincare products estimated to reach $185Bn by 2027
  • The skincare segment is growing faster than any other part of the beauty industry
image

Grab Source And Key Details Here: Company Presentation.

-----

And as mentioned above, NBY has several potential catalysts that could help provide a breakout spark. Check these out:

No. 1 NBY Potential Catalyst - Explosive Volatility Potential From Tiny Float

According to the Yahoo Finance website, NBY has a tiny low float.

The website reports this profile to have approximately 3.93Mn shares in its float.

Why is that important? It's important on one crucial level. Volatility.

Could positive company news to close out 2023 provide a breakout spark?

-----

No. 2 NBY Potential Catalyst - Analyst Targets Could Suggest As Much As 1,400% Potential Upside

Edward Woo, an analyst at Ascendiant Capital Markets, has tagged NBY with a $9.50 price target.

From this past Friday's close, that provides NBY with an incredible upside potential of 1,400+%.

Here's some key highlights from his report:

  • Avenova products sales: Avenova product sales were $2.2Mn. The company also had $1.3Mn of NeutroPhase and PhaseOne wound care product sales.
  • DERMAdoctor contribution: DERMAdoctor sales were $1.1Mn.
  • Adjusting 2023 estimates: We are adjusting our 2023 estimates for revenue to $16Mn, from $15Mn, and for EPS to $(2.50) from $(1.69).
  • DERMAdoctor: In September 2021, NovaBay announced the acquisition ofprivately held DERMAdoctor for ~$12Mn (in cash). DERMAdoctor produce sand sells more than 30 products under lines that include Ain’t Misbehavin’, Calm Cool + Corrected, Kakadu C, KP Duty, and Wrinkle Revenge. Its product sare designed to address acne, aging skin, dark spots, dry skin, eczema, and many other skin conditions. DERMAdoctor sells its products through major retailers such as Macy’s, QVC, Costco, digital beauty retailers such as SkinStoreand Amazon, as well as its own website. DERMAdoctor also has a large and growing network of international distributors and retailers. DERMAdoctor’s management has joined the NovaBay management team.
  • DERMAdoctor new focus: The company is now shifting its strategy in its skincare segment away from new product development to focus more on driving sales of top-selling products through its most efficient sales channels. As part of this, Dr. Jeff Kunin and Dr. Audrey Kunin (founders of DERMAdoctor) will retire in November 2023.
  • Management long term positive: NovaBay is making good progress to market its Avenova product to the 41 million Americans ($600Mn market opp.) who suffer from blepharitis and related eye symptoms. In addition, the acquisition of DERMAdoctor allows strong growth and synergy opp's in the global market for cosmetic skincare products. NovaBay plans to launch a broad range of complementary eye and skin care products. The company also plans to leverage operational synergies and sales/distribution relationships.
  • We remain positive: Despite st-ock and fi-nan-cial results volatility, we believe that NovaBay is a compelling ... story. The company’s focus in 2023 is to drive Avenova and DERMAdoctor sales to consumers by focusing on current products as well as new product launches.

-----

No. 3 NBY Potential Catalyst - A Massive Prime Day For Avenova-branded Products Breaks Unit Sales And Revenue Daily Records

NovaBay Pharmaceuticals Reports Record Avenova Sales Day

EMERYVILLE, Calif., July 14, 2023--(BUSINESS WIRE)--NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY), a company developing and commercializing high-quality eyecare, skincare and wound care products, announces that sales of Avenova®-branded products reached a new record during the Amazon Prime Day event held July 11-12, 2023, with sales increasing 22% over Prime Day 2022 and 43% over Prime Day 2021.

"Sales of Avenova products during Prime Day 2023 were at an all-time high since we created our direct-to-consumer sales channel in 2019. Unit sales and revenue broke daily records, eclipsing all previous milestones," said Justin Hall, NovaBay CEO. "We are encouraged by this growth in our most important sales channel, and appreciate the loyalty of current Avenova users. We are excited to attract those new to the brand, many of whom we anticipate will become long-term customers."

"The results of this year’s Prime Day event further confirms that our marketing strategies are effectively cutting through the clutter of products and advertising, and that our core product, Avenova Antimicrobial Lid and Lash Spray, is used by a broadening and loyal customer base that values its superior efficacy," he added.

NovaBay offers a full line of best-in-class Avenova-branded products for the management of chronic dry eye. Its flagship product Avenova Spray is the No. 1 doctor-recommended antimicrobial lid and lash cleanser. Additional Avenova products include lubricating eye drops for instant relief, a warm eye compress to soothe, an antioxidant-rich dietary supplement with omega-3 oils and the i-Chek to monitor physical eyelid health. All Avenova products are highly rated on Amazon.com, with Avenova Spray receiving 4.5 out of 5 stars from nearly 13,000 reviews, including 86% of ratings at 4 stars or above.

...

Read the full article here.

-----

No. 4 NBY Potential Catalyst - Company's Products Appear On Flagship Shopping Channel "QVC"

NovaBay Pharmaceuticals Announces DERMAdoctor’s KP Duty Lotion and Scrub Ultra Duo Set for Dry, Rough, Bumpy Skin to be Featured on QVC ...

EMERYVILLE, Calif., June 12, 2023--(BUSINESS WIRE)--NovaBay® Pharmaceuticals, Inc. (NYSE American: NBY), a company developing and commercializing high-quality eyecare, skincare and wound care products, announces that Chief Product Officer Dr. Audrey Kunin will appear on QVC®’s Girls Night In with Courtney & Jane on Tuesday, June 13, 2023 at 10:00 p.m. Eastern time to showcase DERMAdoctor®’s system for dry, rough, bumpy skin. ...

...

Read the full article here.

-----

No. 5 NBY Potential Catalyst - Chinese Order Demonstrates Growing Presence In International Markets

NovaBay Pharmaceuticals Fulfills $1Mn Order for NeutroPhase® Skin and Wound Cleanser for China Pioneer Pharma Holdings

EMERYVILLE, Calif., May 01, 2023--(BUSINESS WIRE)--NovaBay Pharmaceuticals, Inc. (NYSE American: NBY) announces that China Pioneer Pharma Holdings, Limited (HK Stock Code:1345), a leading Chinese importer and marketer of branded pharmaceuticals and medical devices, has placed a $1Mn order for NovaBay’s NeutroPhase Skin and Wound Cleanser. NovaBay has fulfilled this order and expects to recognize this revenue in the second quarter of 2023.

"NeutroPhase is the safest, purest and most powerful hypochlorous acid wound cleanser on the market yet is gentle, non-irritating and non-sensitizing to skin and new tissue," said Justin Hall, CEO of NovaBay Pharmaceuticals. "Importantly, NeutroPhase differentiates itself in the marketplace because it does not contain the toxic chemicals found in many other wound care products. We proudly manufacture NeutroPhase in the U.S. in large batch quantities through a proprietary process."

"The efficacy of NeutroPhase is unparalleled in the wound care market. We are proud of our long-term partnership with NovaBay and are delighted to make this high-quality product available to our healthcare customers in China," said Paul Li, Chairman of China Pioneer.

...

Read the full article here.

-----

NBY Recap - The Top Potential Catalysts For This NYSE American Past Champ

No. 1 - Explosive Volatility Potential From Tiny Float

No. 2 - Analyst Targets Could Suggest As Much As 1,400% Potential Upside

No. 3 - A Massive Prime Day For Avenova-branded Products Breaks Unit Sales And Revenue Daily Records

No. 4 - Company's Products Appear On Flagship Shopping Channel "QVC"

No. 5 - Chinese Order Demonstrates Growing Presence In International Markets

-----

Coverage is officially reinitiated on NBY. When time allows, do this:

image

Get NBY on your radar now.

Sincerely,

Kai Parker

StockWireNews


(Always Remember The Stock Prices Could Be Significantly Lower Now From The Dates I Provided.)

StockWireNews (stockwirenews . com) is owned by SWN Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. StockWireNews full disclosure is to be read and fully understood before using StockWireNews website, or joining StockWireNews' email or text list. By viewing StockWireNews website and/or reading StockWireNews email or text newsletter you are agreeing to StockWireNews full disclosure which can be read at www.stockwirenews.net/disclosure An owner of SWN Media LLC owns and operates smallcapfirm . com (“SCF”), owns and operates fierceinvestor . com (“FI”), and owns and operates stockstreetwire . com ("SSW"). From time to time, StockWireNews, SCF, FI, and/or SSW will publicly disseminate information about a company via website, email, SMS and other points of media. Ownership of "FI" and "SSW" has now moved to a single individual. Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 6/25/23 and ending on 6/27/23 to publicly disseminate information about (NBY) via Website, Email and SMS. SWN Media LLC was paid seventeen thousand five hundred and one cent USD via bank wire transfer. We own zero shares of (NBY). Pursuant to an agreement between SWN Media LLC and TD Media LLC, StockWireNews has been hired for a period beginning on 9/10/23 and ending on 9/11/23 to publicly disseminate information about (NBY) via Website, Email and SMS. SWN Media LLC was paid ten thousand USD via bank wire transfer. We own zero shares of (NBY). To date we have been compensated a total of twenty-seven thousand five hundred and one cent USD via bank wire transfer to disseminate information about (NBY). A member of SWN Media LLC is also a member of TD Media LLC. Pursuant to an agreement between TD Media LLC and JRZ Capital LLC, TD Media LLC has been hired for a period beginning on 06/06/2023 and ending on 09/12/2023 to publicly disseminate information about (NBY:US) via digital communications. We have been paid two hundred thousand dollars USD. We own zero shares of (NBY:US). lifewatermedia.com/nby-disclosure-68/